Leaders articles

Facing the economic crisis with productive realism

Facing the economic crisis with productive realism

Reading Time: 3 minutes It plainly is depressing. Practically every story in this issue of Executive starts—if not with the scary ad-hoc topic of the coronavirus—but with a reference to the dire economic straits that Lebanon is in. And even before the March issue went to the newsstands, the mood among some of our online readers seemed to be

Lebanon faces growing unemployment

Reading Time: 5 minutes The last study on unemployment in Lebanon—conducted by Lebanon’s Central Administration of Statistics (CAS) in partnership with the International Labor Organization in 2018- 2019—revealed a general unemployment rate of 11.4 percent, reaching as high as 23.3 percent for youth. In light of the past few months, there can be no doubt that these percentages have

Reflections on the Lebanese revolution

Reading Time: 3 minutes When crowds began to gather in Downtown Beirut on that fateful evening on October 17, 2019, few could have predicted that, a 100 plus days later, Lebanon would be still in the furrows of a revolt with almost daily protests across the nation, several clashes between protesters and party shabiha, and with riot police—and road

Lebanon’s new government must focus on priorities

Reading Time: 3 minutes Lebanon has a new Council of Ministers. This is, from one perspective, a clear and present improvement. Having a government as a sovereign state is an absolute and total prerequisite to function as a country in the global concert of nations. In this sense, the serial failures of Lebanon to swiftly move and empower new

Lebanon’s uprising has potential ripple-on effects

Reading Time: 8 minutes As the aftermath of the Arab Spring saw the Levant descend into another iteration of political posturing and advantage seeking of what in earlier times was often derogatorily called Levantine behavior, Iraqi-Lebanese journalist Husain Abdul-Husain shared his dismay. In a story published five years ago, he drew as his conclusion from a decade of Iraqi,

Lebanese investors must stay alert to opportunities

Reading Time: 3 minutes In today’s Lebanon there are two biases. Let us call them the phoenix bias and the shithole bias. The first is the narrative of an indestructible culture, a country and haven of wealth that has never defaulted on its financial obligations and where no depositor of wealth has to fear the disappearance of a single

Lebanon needs a long-term solution to its trash woes

Reading Time: 3 minutes Lebanon on the precipice of another trash crisis, with its own garbage floating in the sea, lining the streets, and forming a mountain in Tripoli. All this not even five years after the last crisis that, in 2015, saw mounds of garbage pile up on the streets of Beirut and Mount Lebanon. In the north,

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